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Wednesday, May 25, 2022

HDFC Capital has mobilised $1.9 billion for investment in real estate sector through the close of its third fund focused on affordable housing — the largest in the segment globally. The HDFC Capital Affordable Real Estate Fund – 3 (H-CARE-3) on Sunday announced its first close with investors, committing over $1.2 billion. Given that this is a long-term fund with potential reinvestments the fund corpus available for investment is expected to be in the region of $1.9 billion.

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